About Tirupur was an obscure town once has now been placed in the knitwear map of global apart from catering to the whole India. The suc...
About
Tirupur was an obscure town once has now been placed in the knitwear map of global apart from catering to the whole India. The success story of Tirupur can be mainly attributed to the entrepreneurial skills of the people coupled with hard work and commitment to the job. Within two decades, the knitwear exports from Tirupur has grownup by leaps and bounds, from less than Rs.10 crores in 1984 to Rs.11,000 crores in 2006-07. By noting the growth trend, Tirupur had set an export target of US $ 4 billion by 2010. But in reality, target was not able to met due to various adverse factors internationally and also domestically. Due to recession in EU and US markets, in 2011-12, there was a flat growth and achieved the previous year turnover of Rs.12,500 crores and this turnover was also achieved due to increase in the value terms and not in terms of quantity. In the last financial year 2013-14, Tirupur achieved Rs.18,000 crores. In 2014-15, Tirupur exports recorded Rs.20,730 Crores and in first six months of 2015-16 , the exports recorded was Rs.11,100 Crores. Due to recession in EU and US markets, in 2011-12, there was a flat growth and achieved the previous year turnover of Rs.12,500 crores and this turnover was also achieved due to increase in the value terms and not in terms of quantity. In the last financial year 2013-14, Tirupur achieved Rs.18,000 crores. In 2014-15, Tirupur exports recorded Rs.20,730 Crores and in first six months of 2015-16 , the exports recorded was Rs.11,100 Crores.
TIRUPUR KNITWEAR EXPORTS
Tirupur is contributing about 45% of total knitwear exports from our country and is exporting only cotton based garments. There is a good scope for increasing our market share in the global from the current level of about 2.6% by exporting value added products and synthetic products. As a product diversification, Knitwear Technology Mission (KTM) has been setup in Tirupur, under the aegis of AEPC to guide the industry to venture into manufacturing of synthetic garments like sportswear, swim wear, yoga wear, performance wear etc ., which have a market
Tirupur was an obscure town once has now been placed in the knitwear map of global apart from catering to the whole India. The success story of Tirupur can be mainly attributed to the entrepreneurial skills of the people coupled with hard work and commitment to the job. Within two decades, the knitwear exports from Tirupur has grownup by leaps and bounds, from less than Rs.10 crores in 1984 to Rs.11,000 crores in 2006-07. By noting the growth trend, Tirupur had set an export target of US $ 4 billion by 2010. But in reality, target was not able to met due to various adverse factors internationally and also domestically. Tirupur was an obscure town once has now been placed in the knitwear map of global apart from catering to the whole India. The success story of Tirupur can be mainly attributed to the entrepreneurial skills of the people coupled with hard work and commitment to the job. Within two decades, the knitwear exports from Tirupur has grownup by leaps and bounds, from less than Rs.10 crores in 1984 to Rs.11,000 crores in 2006-07. By noting the growth trend, Tirupur had set an export target of US $ 4 billion by 2010. But in reality, target was not able to met due to various adverse factors internationally and also domestically. Due to recession in EU and US markets, in 2011-12, there was a flat growth and achieved the previous year turnover of Rs.12,500 crores and this turnover was also achieved due to increase in the value terms and not in terms of quantity. In the last financial year 2013-14, Tirupur achieved Rs.18,000 crores. In 2014-15, Tirupur exports recorded Rs.20,730 Crores and in first six months of 2015-16 , the exports recorded was Rs.11,100 Crores.
Contact
Tirupur Exporter's Association
Address : 62, Appachi Nagar Main Road, Kongu Nagar, Tirupur 641 607, India
Email : support@tea-india.org
Phone : +91-421-2220500,2222513,2226108
Website : www.tea-india.org
